The 1964 Kennedy Half Dollar isn’t just another coin—it’s a piece of American history. Introduced as a tribute to President John F. Kennedy after his tragic assassination in 1963, this coin quickly became a collector’s favorite. But did you know that some rare varieties of the 1964 Kennedy Half Dollar have sold for up to $200,000? If you have one tucked away, it might be worth far more than just its silver content.
History
The Kennedy Half Dollar was first minted in 1964, just months after Kennedy’s death. The U.S. Mint moved quickly to create a coin in his honor, featuring a portrait by Gilroy Roberts on the obverse and the Presidential Seal by Frank Gasparro on the reverse.
What makes the 1964 version unique is its composition—90% silver and 10% copper. After this year, the silver content was reduced, making the 1964 release the only one in general circulation with nearly pure silver. Because of this, collectors and investors prize it not just for its historical significance but also for its intrinsic value.
Varieties
Not all 1964 Kennedy Half Dollars are worth the same. While millions were minted, certain rare varieties have become highly sought after. Here’s what to look for:
| Coin Type | Unique Feature | Estimated Value |
|---|---|---|
| 1964 SMS (Special Mint Set) | Satin finish, sharper details | Up to $200,000 |
| “Accented Hair” Proof | Pronounced hair above Kennedy’s ear | Thousands of dollars |
| High-Grade Circulated Coins | Mint State (MS65+) | Up to $5,000 |
Special
Some of these coins are exceptionally rare, making them valuable to collectors worldwide.
1964 SMS (Special Mint Set)
The 1964 SMS Kennedy Half Dollar is one of the rarest U.S. coins, with experts estimating that only 12 to 50 were ever made. These coins were likely experimental pieces produced for a proposed Special Mint Set.
- Appearance: Satin-like finish, sharp details, and unique die polishing marks.
- Value: One of these coins, graded SP68 by PCGS, sold for $156,000 in 2019. A higher-graded example could sell for even more.
“Accented Hair” Proof
This variety is identified by a more detailed hair design above Kennedy’s ear. It was quickly modified, making the original version rare.
- Key Features:
- More pronounced hair strands.
- The “I” in “LIBERTY” lacks a serif.
- Value: While lower-grade versions sell for a few hundred dollars, high-grade examples can reach thousands. A PR70-graded example is considered a collector’s treasure.
High-Grade Circulated Coins
Even regular 1964 Kennedy Half Dollars can be worth more than their silver content if they are in exceptional condition.
- Mint State (MS65+): Coins with minimal wear and strong details can sell for up to $5,000.
- Deep Cameo Proofs: Coins with a frosted design against a mirror-like background are highly desirable.
Identification
Think you might have a valuable 1964 Kennedy Half Dollar? Here’s how to check:
Inspect the Finish
- Satin Finish: Could indicate an SMS coin. These have a smooth, uniform texture.
- Mirror-Like Surface: Suggests a proof coin, which was made for collectors.
Look for Special Features
- Check for the “Accented Hair” variety by examining the area above Kennedy’s ear.
- Inspect the “I” in LIBERTY—if it lacks a serif, it could be a rare proof version.
Assess the Condition
- High-grade coins (MS65 or higher) are significantly more valuable.
- Check for deep cameo contrasts, where the design appears frosted against a shiny background.
Get It Appraised
To determine the exact value of your coin, have it graded by a professional service such as:
- Professional Coin Grading Service (PCGS): www.pcgs.com
- Numismatic Guaranty Corporation (NGC): www.ngccoin.com
Grading adds authenticity and helps secure a higher price when selling.
Selling
If you have a valuable 1964 Kennedy Half Dollar, here are some ways to sell it:
- Online Auctions: Heritage Auctions, eBay, and GreatCollections.
- Coin Dealers: Local and online dealers can provide immediate offers.
- Numismatic Shows: Trade shows offer opportunities to sell directly to collectors.
The 1964 Kennedy Half Dollar is more than just pocket change—it could be a hidden fortune. Whether you have a rare SMS variety, an “Accented Hair” proof, or a high-grade example, knowing what makes these coins valuable can turn a simple hobby into a rewarding investment.
FAQs
What makes the 1964 Kennedy Half Dollar valuable?
Rarity, special varieties, and high-grade conditions increase value.
How can I tell if I have a rare 1964 Kennedy Half Dollar?
Look for satin finish, accented hair, or deep cameo proof.
Where can I sell a valuable 1964 Kennedy Half Dollar?
Sell through online auctions, coin dealers, or numismatic shows.
What is the most expensive 1964 Kennedy Half Dollar sold?
A 1964 SMS Half Dollar sold for $156,000 in 2019.
Should I clean my 1964 Kennedy Half Dollar?
No, cleaning can reduce the coin’s value significantly.
